By Wendy Van Sickle
Columbus, Ohio, June 26 – Oxley Holdings Ltd.’s wholly owned subsidiary, Oxley MTN Pte. Ltd., priced a $55 million add-on to its 6 3/8% notes due 2021 on Monday, the company said in a news release.
The notes will be consolidated and form a single series with its $200 million first tranche of the 6 3/8% notes that were issued on April 21 and its $100 million second tranche issued on May 16.
DBS Bank Ltd. was the lead manager for the deal.
Proceeds from the deal will go toward general corporate purposes, working capital and capital expenditure requirements.
Oxley is a property developer based in Singapore.
| Issuer: | Oxley MTN Pte. Ltd.
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| Issue: | Notes
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| Amount: | $55 million
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| Maturity: | 2021
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| Lead manager: | DBS Bank Ltd.
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| Coupon: | 6 3/8%
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| Pricing date: | June 26
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| Previous tranches: | $200 million issued on April 21, $100 million issued on May 16
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